Article
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute).
We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...
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Sep 14, 2026 / Tyler Durden
Court Rejects DOE Order To Delay Michigan Coal Plant Retirement
Court Rejects DOE Order To Delay Michigan Coal Plant Retirement
By Ethan Howland of UtilityDive
A federal appeals court on Friday vacated the Department of Energy’s emergency order requiring the owners of a coal-fired power plant in Michigan to delay its planned retirement, saying the move usurped state authority over generating resources.
“The federal government has, until now, issued stopgap generation orders in response only to transitory emergencies caused by war, extreme weather events, market manipulation, or unplanned, short-term unavailability of specific generation units,” the U.S. Appeals Court for the District of...
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Aug 16, 2026 / Dave DeCamp
Trump Orders Hegseth To ‘Substantially Reduce’ Joint Military Exercises With South Korea
President Trump on Sunday said that he had ordered US Secretary of War Pete Hegseth to “substantially reduce” joint military exercises with South Korea, citing his relationship with North Korean Supreme Leader Kim Jong Un. “Based on my very good relationship with Kim Jong Un, of North Korea, I am not happy with the fact […]
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Mar 6, 2026 / Tyler Durden
How To AI-Proof Your Resumé
How To AI-Proof Your Resumé
Authored by Autumn Spredemann via The Epoch Times (emphasis ours),
Artificial intelligence (AI) has become a critical threshold that online job seekers must cross, but the technology has presented a unique challenge.
Illustration by The Epoch Times, Shutterstock
As employers increasingly lean on AI systems to screen, schedule, and evaluate candidates, applicants must learn how to get past the algorithm before reaching human consideration.
More hiring and recruiting professionals are using applicant tracking systems, many of which involve generative AI, according to a report from the International Research Journal...
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